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Dec 27, 2012
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steve cornaki is joining us, as well. president obama returned to washington moments ago, cutting short his christmas vacation. the president has now spoken with all four congressional leaders, according to the white house communications director he. the house remains on vacation, but there are a few signs of life in the capital. gop leaders have released a new statement with an old message to the senate. the ball is in your court. the statement says the house will take action on whatever the senate can pass, but the senate first must act. well, this morning, senate majority leader reid slammed the house republicans not not even showing up. >> if we go over the cliff, and it looks like that's where we are headed, the house of representatives as we speak with four days left after today before the first of the year aren't here with the speaker having told them they will give them 48 hours inside. i can't imagine their conscious. >> well, senator reid is expected to hold a news conference about the talks this afternoon. so h
steve cornaki is joining us, as well. president obama returned to washington moments ago, cutting short his christmas vacation. the president has now spoken with all four congressional leaders, according to the white house communications director he. the house remains on vacation, but there are a few signs of life in the capital. gop leaders have released a new statement with an old message to the senate. the ball is in your court. the statement says the house will take action on whatever the...
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Dec 27, 2012
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i want to start with steve on this one. this sunday when given the opportunity to defend hagel, chuck schumer i just mentioned, refused to do so. listen to what this very smart senator from new york had to say. >> that's his choice. i think once he makes it, his record will be studied carefully. but until that point, i think we're not going to know what's going to happen. >> can you support him? >> i'd have to study his record. i'm not going to comment until the president makes a nomination. >> steve, i have a sense that this knocking of this candidate has gone beyond neocons, people of the right. and including people who are just generally pro-israeli which is about most people in politics. i get the fear -- i have to call it fear because i liked hagel, that he may be in trouble now. the shots that have been taken at him about calling it the jewish lobby which is a problem because obviously people are very pro-israeli from the right. to use that term these days is the kind of thing that just ends up causing a lot of proble
i want to start with steve on this one. this sunday when given the opportunity to defend hagel, chuck schumer i just mentioned, refused to do so. listen to what this very smart senator from new york had to say. >> that's his choice. i think once he makes it, his record will be studied carefully. but until that point, i think we're not going to know what's going to happen. >> can you support him? >> i'd have to study his record. i'm not going to comment until the president...
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Dec 21, 2012
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i just got a note about congressman steve latourette from ohio saying tonight we're not going to be here until after christmas, maybe we don't come back at all this year. it's unbelievable. this is horrible. i'm angry. i'm sad for my friend the speaker. i'm sorry for the country." it seems like there's a schism going on within the conference. is speaker -- is john boehner's speakership at risk? >> we don't know. i would say that probably not. that what you often see is when you have moments like this the real conservatives like to gloat. but what you do see is a real problem in him being able to get together a coalition that can deal with this very large problem that's on the horizon, this big drop-off. we won't say the word you don't like. but here's one thing that i find very fascinating. i spoke to some members who are walking out of there. and they said, well, if this was really the last possible deal we could get, maybe we would have supported it. but they did not want to go along with this sort of kabuki theater, if you will, this sort of dancing around the issue. and they knew the
i just got a note about congressman steve latourette from ohio saying tonight we're not going to be here until after christmas, maybe we don't come back at all this year. it's unbelievable. this is horrible. i'm angry. i'm sad for my friend the speaker. i'm sorry for the country." it seems like there's a schism going on within the conference. is speaker -- is john boehner's speakership at risk? >> we don't know. i would say that probably not. that what you often see is when you have...
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Dec 21, 2012
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steve, hello. yes, i was just wondering, i think what it all boils down to -- was talking about this for a second. the republicans are the koch brothers' henchmen. there are looking out for themselves. that is what they cannot raise the money on the riches. the coke brothers -- koch brothers is the issue. caller: my first comment would be, how far do the left do you have to be to think that c-span is right wing? i own several assault weapons. the m-13 is a 10.08 and ted kennedy's car has killed more people that my gun. for any of these people who voted for obama read "drams of my father?" when you break it, you can fix it. these democrats think all you have to do is tax the rich, the rich have to make payroll, pay insurance -- the money has to come from somewhere. there will be laying people off. these people that call in and think the republicans are so stupid -- how about george soros who gives millions upon millions to the left? host: ok. thank you for the call. from "the wall street journal." t
steve, hello. yes, i was just wondering, i think what it all boils down to -- was talking about this for a second. the republicans are the koch brothers' henchmen. there are looking out for themselves. that is what they cannot raise the money on the riches. the coke brothers -- koch brothers is the issue. caller: my first comment would be, how far do the left do you have to be to think that c-span is right wing? i own several assault weapons. the m-13 is a 10.08 and ted kennedy's car has killed...
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Dec 4, 2012
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bret, back to you. >> bret: steve harrigan live in cairo. steve, thank you. iran says it has captured another u.s. drone. iranian tv showed an image that said was aircraft that entered the air space over the persian gulf. both the u.s. navy and c.i.a. insist it's not one of theirs. other countries in the region do use the same type of drone. >> bret: you know what they say about too many cooks in the kitchen. we have new information tonight about the circuitous path of vital information immediately following the terror attack on the u.s. mission in benghazi almost three months ago. chief intelligence correspondent catherine herridge with a roadmap. >> the 94-port intelligence memo known as the c.i.a. talking points was reviewed by two dozen officials in 24-hour period before ambassador rice used them as the basis for the controversial sunday show appearances where she wrongly blamed the consulate attack on anti-islam video. >> they were dumbed down to the point that they were, we should have said nothing versus what they were trying to tell the american peopl
bret, back to you. >> bret: steve harrigan live in cairo. steve, thank you. iran says it has captured another u.s. drone. iranian tv showed an image that said was aircraft that entered the air space over the persian gulf. both the u.s. navy and c.i.a. insist it's not one of theirs. other countries in the region do use the same type of drone. >> bret: you know what they say about too many cooks in the kitchen. we have new information tonight about the circuitous path of vital...
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Dec 10, 2012
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steve? >> well, i do talk to "the washington post." they don't always necessarily listen, but i -- i don't recall seeing that particular article but i make a couple points. first of all, there are a ton of jobs. one of the thing you talk to most countries their desperate looking for skilled workers and degrees in engineering, there's a problem there in almost every industry and ultimately it comes down to entrepreneurship starts. i think it's worth noting people talk about business and private sector like it's like one thing. it's not. there's a small business sector in a restaurant and a lot of job that's are created by that sector. there's a big business sector, for chin 500 companies. a lot of jobs there. but growth in jobs and leverage in terms of innovation are young entrepreneurial growth companies and they do required skilled workers. back one company not too far away living social, started four years ago four people. now 4,000 people four years later and their challenge is hiring smart people to handle it. last point i make, pe
steve? >> well, i do talk to "the washington post." they don't always necessarily listen, but i -- i don't recall seeing that particular article but i make a couple points. first of all, there are a ton of jobs. one of the thing you talk to most countries their desperate looking for skilled workers and degrees in engineering, there's a problem there in almost every industry and ultimately it comes down to entrepreneurship starts. i think it's worth noting people talk about...
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Dec 26, 2012
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. >> like steve perry's voice never leaves journey, andrea mitche mitchell's presence never leaves. under fire before nominations are even announced. joining me now, politico's jake sherman. you heard from the great woman herself, andrea mitchell, they can't keep putting out trial balloons. what's the white house doing right now on hagel and can they save him? >> i think the problem for him is he has no constituency. >> georgetown professor, yeah. >> i'm not sure what his path is through the senate, and is this a fight the president wants to have in the beginning of 2013 when he has the fiscal cliff, government funding, debt ceiling, taxes, all these issues out there where he's going to have to fight tooth and nail, does he want to fight on chuck hagel and that's something to be seen. >> i want to turn our attention to the fiscal cliff, because you have some interesting reporting coming out right now. gop leaders had a phone call today. >> they are talking on a conference call, which is how they usually communicate when they are not in d.c., but they are strategizing on what to do.
. >> like steve perry's voice never leaves journey, andrea mitche mitchell's presence never leaves. under fire before nominations are even announced. joining me now, politico's jake sherman. you heard from the great woman herself, andrea mitchell, they can't keep putting out trial balloons. what's the white house doing right now on hagel and can they save him? >> i think the problem for him is he has no constituency. >> georgetown professor, yeah. >> i'm not sure what...
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Dec 12, 2012
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>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier talk being how yesterday some guy from a union socked him. >> i have never seen an angry mob filled with vitriolic hatred and i want to be clear. i did go in and provoke these people. i tried to provoke rational thought. i tried to provoke civil debate. i tried to then request they stop destroying private property and tearing down and trampling a tents with women and old people in it. then afterwards, a group of us did try and peel them off the tent as they were collapsing it upon women's heads beneath them, which of course, makes m
>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier...
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Dec 27, 2012
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steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from triple digit losses down about 150 points following reports that the house will return to washington on sunday, but that late rally wasn't enough to lift stocks into positive territory, with all three major indices closing lower for the fourth day in a row. materials, financials, amongst the day's top worst performing sectors i should say. new home sales surging to strongest level in more than two years. sales jumping 4.4% from october to an annual rate of 377,000, more good signs that that housing sector much needed to improve the rest of the economy is finally getting a boost. and the number of americans filing new applications for unemployment aid falling to its lowest level in nearly four and a half years. initial claims dropping 12,000 to a seasonally adjusted 350,000 the week prior was revised up by a thousand. david: let's co
steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from triple digit losses down about 150 points following reports that the house will return to washington on sunday, but that late rally wasn't enough to lift stocks into positive territory, with all three major indices closing lower for the fourth day in a row. materials, financials, amongst the...
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in spokane washington a steve ok how are you doing just great what's on your mind. i worked in a non profit capital. progressive bleed the hospital hired for profit seals. and what they did to the power of art and that were in a strong union was to opt for the senior. r. and early retirement. as the r. and. a christian increase they were replaced with. now acts which were basically. non-union people last. year and increased e.r. and case closed and that was one way that they weakened. the union. for the r.n. which was. basically the standard which spokane what are three or four hospitals. passing steve thank you for sharing that with us appreciate it call it and this i mean there's so many ways particularly a right to work for less state that employers can bust up unions and just having the right to work for less laws on the books starts the whole process mark in toronto canada hey mark welcome to the program it some thoughts on. you know i want to talk about the report to last week you mentioned republican mentality and paranoia and stuff like that but i wondered i
in spokane washington a steve ok how are you doing just great what's on your mind. i worked in a non profit capital. progressive bleed the hospital hired for profit seals. and what they did to the power of art and that were in a strong union was to opt for the senior. r. and early retirement. as the r. and. a christian increase they were replaced with. now acts which were basically. non-union people last. year and increased e.r. and case closed and that was one way that they weakened. the...
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Dec 10, 2012
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>>> i'm steve kornacki. there's outrage maybe even criminal charges coming in that death of the nurse in england. wait a minute. are we being too hard on the pranksters? >> i'm krystal ball. in to the holiday spiritual. our friend is back at the table with tips to dare we say it enjoy the season? >>> all and that a federal case of it. why when it comes to gay marriage the train can't be stop. neither can we. it's "the cycle" and it's monday, december 10th. >>> it's monday, fun day here at "the cycle." let's get the party started. where will it land today? fiscal cliff? huh. so much for fun. well you know what? we at "the cycle" can make it fun. look at this. the president living it up in motown last hour calling on republicans to stop being party poopers. >> i believe america only succeeds and thrives when we've got a strong and growing middle class. i want us to bring down our deficits but i want to do it in a balanced, responsible way. and i want to reward -- i want a tax code that rewards businesses and m
>>> i'm steve kornacki. there's outrage maybe even criminal charges coming in that death of the nurse in england. wait a minute. are we being too hard on the pranksters? >> i'm krystal ball. in to the holiday spiritual. our friend is back at the table with tips to dare we say it enjoy the season? >>> all and that a federal case of it. why when it comes to gay marriage the train can't be stop. neither can we. it's "the cycle" and it's monday, december 10th....
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joining us now from los angeles, attorney and from new york criminal defense attorney steve greeneberg. okay, kids. this thing about the gun permit holders this kind of thing drives me nuts. we did some looking into this, we can't find any record, i will start with you, steve, of this newspaper, for instance, publishing the sex offenders. those people committed crimes. these people owned guns and legally permitted to do so. what do you think about this. >> it's irresponsible. there is is no real reason for it other than to put these people on some kind of map. i understand their outrage. it may be legal and lawful to share this kind of public information. it's clearly irresponsible. because these people now are going to be subject to potentially thieves coming into their houses, taking their guns, targeting them and so forth. the newspaper's reasoning well it's because of what happened in newtown; >> laura: connecticut. >> newtown, connecticut. right. i'm sorry had someone known that the lady had 18 guns, there is no connection between gun ownership and the kinds of things they are try
joining us now from los angeles, attorney and from new york criminal defense attorney steve greeneberg. okay, kids. this thing about the gun permit holders this kind of thing drives me nuts. we did some looking into this, we can't find any record, i will start with you, steve, of this newspaper, for instance, publishing the sex offenders. those people committed crimes. these people owned guns and legally permitted to do so. what do you think about this. >> it's irresponsible. there is is...
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in spokane washington hey steve hey how you doing just great what's on your mind. i worked in a nonprofit catholic hospital for fifteen years. for aggressively at the hospital hired for profit c.e.o.'s and what they did to our art and that were in a strong union was to opt for the senior our early retirement. are. a christian increase they were replaced with. now x. which were basically. non-union people as. yeah and increased diarra and caseload there and that was one way did they weaken. the union. for the guard and which was. basically the standard which people can see what are answer for hospital. fast and steve thank you for sharing that with us i appreciate you calling and yeah this i mean there's so many ways particularly a right to work for less state that employers can bust up unions and just having the right to work for less laws on the books starts the whole process mark in toronto canada mark welcome to the program it's and thoughts on it probably gets. high you know i was the woman to talk about. last week you mentioned republican mentality and her ann
in spokane washington hey steve hey how you doing just great what's on your mind. i worked in a nonprofit catholic hospital for fifteen years. for aggressively at the hospital hired for profit c.e.o.'s and what they did to our art and that were in a strong union was to opt for the senior our early retirement. are. a christian increase they were replaced with. now x. which were basically. non-union people as. yeah and increased diarra and caseload there and that was one way did they weaken. the...
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Dec 4, 2012
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with us now from london to take an early look at the markets, cnbc's steve sedgwick. good morning. >> very good morning. this is really good news. we expected something along the lines. for so long now americans have not been replacing their cars. the average age of an automobile in the united states is 11 years old. the old is 20% or somewhere in the region of 16 years old. the replacement cycle seems to have started. that led to great news in november topping 15.5 million car sales in the month of november it was 1.14 million cars sold. a little bit of that was the replacement of cars from superstorm sandy. that is really good news there for the auto sector. the markets have been down lately. we had average to poor manufacturing data out of the u.s. in the last 24 hours as well. also keep an eye on the big accounting companies as well. the sec is taking aim at them allegedly haven't handed over the documents that the sec wants to see in relation to chinese companies listing in canada and the united states when those companies listed very often they performed really
with us now from london to take an early look at the markets, cnbc's steve sedgwick. good morning. >> very good morning. this is really good news. we expected something along the lines. for so long now americans have not been replacing their cars. the average age of an automobile in the united states is 11 years old. the old is 20% or somewhere in the region of 16 years old. the replacement cycle seems to have started. that led to great news in november topping 15.5 million car sales in...
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. >>> the yacht commissioned by steve jobs is now free to sail to the united states, the designer of the yacht named venus said he was still owed 4 million dollars so it was impounded but now he has reached a settlement with his family. it is still in europe however because bad weather is keeping it at the dock. >>> well, today on ktvu channel 2 news at 5:00, continuing coverage over that fiscal cliff crisis, more on that plus what happens to your paycheck and your monthly income if lawmakers fail to make a deal by january 1st. >>> thanks for trusting ktvu channel 2 news, we are going to see you the next time news breaks also we are always here for you on ktvu.com and mobile ktvu.com, have a great thursday everyone. send comments to comments@captioncolorado.com captions by terry james, caption colorado, llc. [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you can count on. introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse hi
. >>> the yacht commissioned by steve jobs is now free to sail to the united states, the designer of the yacht named venus said he was still owed 4 million dollars so it was impounded but now he has reached a settlement with his family. it is still in europe however because bad weather is keeping it at the dock. >>> well, today on ktvu channel 2 news at 5:00, continuing coverage over that fiscal cliff crisis, more on that plus what happens to your paycheck and your monthly...
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Dec 23, 2012
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steve davis just published a paper out of the university of chicago that shows last year by his estimate economic uncertainty was the highest it'd ever been in the u.s. he claim up with a very clever measure to measure uncertainty, and according to last year gdp growth was a percent and a half lower because of all the uncertainty about the things with the fiscal cliff and the debt limit and so on. so that's a percent and a and a. we have got a percent out of taxes, half a percent to a percent out of fiscal consolidation and a percent and a half out of certainty. if you do it all at once, you probably won't get the high-end number. but i am very on optimistic thaf we just get ahead of the curve on these problems, that we can have the country we remember. thank you. >> thank you. i want to turn o jason. he -- turn to jason. we all know that in a financial sense and medicare are in trouble, but what we asked can him and charles blah house to do was how do you reform the social security system so it's not just fixing it in terms of making it balanced, but what do you do to get growth? what's
steve davis just published a paper out of the university of chicago that shows last year by his estimate economic uncertainty was the highest it'd ever been in the u.s. he claim up with a very clever measure to measure uncertainty, and according to last year gdp growth was a percent and a half lower because of all the uncertainty about the things with the fiscal cliff and the debt limit and so on. so that's a percent and a and a. we have got a percent out of taxes, half a percent to a percent...
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Dec 31, 2012
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how much of a drag on growth, steve? >> right now, if we did the full fiscal cliff, the full fiscal cliff monty, perhaps is the best way it put it, we get rid of more growth in the economy than in all of 2011. it would be a negative number, essentially, mandy. like 4.2% of gdp. we grew up 4% of 2011. a negative number. take away from that all things being equal. depending on what the private sector did. a negative for the economy. every dollar they don't do on the fiscal cliff, that's a dollar that does not come out of the economy. but i think it is probably reason to consider. talking about what brian was talking about at the top of the show here. 1%, maybe 1.5% drag on growth of anything decided from the fiscal cliff anyway. >> and it depends on what you buy. i hear what you're saying with, steve and it is important to dive in. when you get a dollar you probably spend more than the dollar, right? they have shown that. that is the greatest multiplier. let's be clear on what that is on. necessities, food, clothing, which
how much of a drag on growth, steve? >> right now, if we did the full fiscal cliff, the full fiscal cliff monty, perhaps is the best way it put it, we get rid of more growth in the economy than in all of 2011. it would be a negative number, essentially, mandy. like 4.2% of gdp. we grew up 4% of 2011. a negative number. take away from that all things being equal. depending on what the private sector did. a negative for the economy. every dollar they don't do on the fiscal cliff, that's a...
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Dec 27, 2012
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mark is here for steve and i am liking your forecast. >>> we have been advertising a break-in the rain and as far as temperatures, we are off to a cool start in the of 40s. more cloud cover this morning. >>> i am tracking some more shower chances and i will have more on that in a few minutes. tara has an update on traffic. good morning tara. >>> this is a live look at 880, a lot more folks are out on the roadways this morning and this is a look at 237 near milpitas, traffic is moving on the right- hand side, let's head back to the desk. >>> we begin with breaking news. christian captain is there and what are police saying? >> well, the number one thing is that there were no officers injured. >> reporter: the one suspect in this case is dead. it's still a very active investigation on creek side drive. walnut creek police said it was a domestic violence case which ended in gunfire. there is more than a dozen cruisers from walnut creek police and from the contra costa area. then was actually behind the fence which you might be able to see and we learned the initial call came into the 911
mark is here for steve and i am liking your forecast. >>> we have been advertising a break-in the rain and as far as temperatures, we are off to a cool start in the of 40s. more cloud cover this morning. >>> i am tracking some more shower chances and i will have more on that in a few minutes. tara has an update on traffic. good morning tara. >>> this is a live look at 880, a lot more folks are out on the roadways this morning and this is a look at 237 near milpitas,...
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i have to go steve forbes. the most supply side oriented tax of all is the tax on risk and wealth, namely capital gains tax, risk wealth high risk stock investment. every time the capital gains tax rate is cut, revenues soar as they did under bill clinton. in fact, president obama was asked this in a tv interview during the campaign and he said i know that's what the numbers show but i still want to raise the top rates. if ever there's a supply side tax rates where lower rates produce higher rates it's capital gains. >> that's right. people start taking gains and hold on to what they have. that means capital is not put to work. in the early 1990s the economy was starting to get a real head of steam. not enough to save george h.w. bush but that slowed in '93 and '94. when republicans came in, cut spending, killed hilary care and alan greenspan had a sensible monetary policy, the economy started to recover and then clinton got the religion, he cut capital gains. >> steve is giving your man all these kudos and you
i have to go steve forbes. the most supply side oriented tax of all is the tax on risk and wealth, namely capital gains tax, risk wealth high risk stock investment. every time the capital gains tax rate is cut, revenues soar as they did under bill clinton. in fact, president obama was asked this in a tv interview during the campaign and he said i know that's what the numbers show but i still want to raise the top rates. if ever there's a supply side tax rates where lower rates produce higher...
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Dec 11, 2012
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krystal ball and steve kornacki, thank you. >> thanks, lawrence. >>> if we do go off the cliff, how long does it take to hit the bottom? >>> and who was the most influential politician from the last 30 years? from 1980 until now? tweet me your answers and i will announce it in the rewrite. and then later, k.i.n.d., kids in need of desks. and i'm going to sit here and write a big check for it at this desk. that's coming up. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the dif
krystal ball and steve kornacki, thank you. >> thanks, lawrence. >>> if we do go off the cliff, how long does it take to hit the bottom? >>> and who was the most influential politician from the last 30 years? from 1980 until now? tweet me your answers and i will announce it in the rewrite. and then later, k.i.n.d., kids in need of desks. and i'm going to sit here and write a big check for it at this desk. that's coming up. ♪ [ male announcer ] the way it moves. the way...
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krystal ball and steve kornacki, thank you. >> thanks, lawrence. >>> if we do go off the cliff, how long does it take to hit the bottom? >>> and who was the most influential politician from the last 30 years? from 1980 until now? tweet me your answers and i will announce it in the rewrite. and then later, k.i.n.d., kids in need of desks. and i'm going to sit here and write a beg check for it at this desk. that's coming up. [ scratching ] you're not using too much are you, hon? ♪ nope. [ female announcer ] charmin ultra soft is so soft you'll have to remind your family they can use less. charmin ultra soft is made with extra cushions that are soft and more absorbent. plus you can use four times less versus the leading value brand. don't worry, there's plenty left for you dad. we all go. why not enjoy the go with charmin ultra soft? why not enjoy the go [ traffic passing ] ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do anything a
krystal ball and steve kornacki, thank you. >> thanks, lawrence. >>> if we do go off the cliff, how long does it take to hit the bottom? >>> and who was the most influential politician from the last 30 years? from 1980 until now? tweet me your answers and i will announce it in the rewrite. and then later, k.i.n.d., kids in need of desks. and i'm going to sit here and write a beg check for it at this desk. that's coming up. [ scratching ] you're not using too much are...
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Dec 13, 2012
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steve liesman and rick santelli tackle it out next. >> oh, boy. and we'll hear from a top republican lawmaker warning that the real fiscal cliff is a couple years away when the economy could collapse because of runaway spending. congressman paul brown will join us. >> and top picks for 2013. you'll never guess what stock he likes the most. >> hmm. >> back in a moment with that. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a
steve liesman and rick santelli tackle it out next. >> oh, boy. and we'll hear from a top republican lawmaker warning that the real fiscal cliff is a couple years away when the economy could collapse because of runaway spending. congressman paul brown will join us. >> and top picks for 2013. you'll never guess what stock he likes the most. >> hmm. >> back in a moment with that. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow...
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Dec 21, 2012
12/12
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john harwood, steve liesman and larry kudlow. let's start with john with the progress or lack thereof. >> we've had a bit after crack up here in washington, brian, as you may have noticed. last night the house of representatives tried to move on speaker boehner's so-called plan b which would have raised taxes or permitted tax increases back to the clinton era levels on million dollar incomes. he was explaining to the press this morning about why he wasn't able to bring that up for a vote. and he said it was because members of his caucus had the perception a mistaken perception, that it was a tax increase. here is the speaker. >> there was a perception created that that vote last night was going to increase taxes. i disagree with that characterization of the bill. but that impression was out there. we had a number of members who didn't want to be perceived as raising real taxes. thalt the real issue. >> democrats picked up the reasoning behind the speaker's statement. he is saying it wasn't a tax increase because tax rates are sup
john harwood, steve liesman and larry kudlow. let's start with john with the progress or lack thereof. >> we've had a bit after crack up here in washington, brian, as you may have noticed. last night the house of representatives tried to move on speaker boehner's so-called plan b which would have raised taxes or permitted tax increases back to the clinton era levels on million dollar incomes. he was explaining to the press this morning about why he wasn't able to bring that up for a vote....
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Dec 7, 2012
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but since then, we know that president obama and steve [indiscernible] spoke yesterday evening. the fact that neither side is leaking what happened on that call, you might say that they are trying to get back on track. they know that if they leak each other's confrontations, that is not good. there are only two participating really in this negotiation. and if they choose not to leak out that information widely, it is a speculation. >> what is the handle and how quickly could be brought -- what is the end goal and how quickly could be brought up for a vote? >> the goal is a down payment or some kind of thing for revenues, which is enough to get us past the fiscal cliff, turn off these automatic spending cuts and make sure that taxes don't go up. and then they would figure out what to do with the upper bracket. and then there would be a mechanism that would guarantee further action next year. if at all possible, they would disagree next year and there would be some sort of trigger or punishment for their lack of action. that sounds relatively simple, i think, putting it all togeth
but since then, we know that president obama and steve [indiscernible] spoke yesterday evening. the fact that neither side is leaking what happened on that call, you might say that they are trying to get back on track. they know that if they leak each other's confrontations, that is not good. there are only two participating really in this negotiation. and if they choose not to leak out that information widely, it is a speculation. >> what is the handle and how quickly could be brought --...
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Dec 11, 2012
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steve liesman, what do we need to hear from him? >> well, what we're going to hear is about additional asset purchases. 88% of respondents to our fed survey saying the fed will replace with outright purchases. i'll tell you our respondents, economists and strategists and around lists are giving bernanke and earful over what he's doing. let me first show you what the expectation is. replace twist, selling long-term, buying without purchases divided over whether or not it's going to be treasuries only or a mix of treasuries and mortgage-backed securities. now, how much will they do? the expectation if you look at the next chart, but there's going to be an $85 billion purchase. you can see the top choice is $85 billion. 30 announced and another 45 to replace twist. that's the expectation with some distribution along the scale there. what does that mean for the whole year, next 12 months? take a look. this number here seems kind of small. that's a trillion dollars, folks. that's the expectation of 35% or more of our respondents, next ye
steve liesman, what do we need to hear from him? >> well, what we're going to hear is about additional asset purchases. 88% of respondents to our fed survey saying the fed will replace with outright purchases. i'll tell you our respondents, economists and strategists and around lists are giving bernanke and earful over what he's doing. let me first show you what the expectation is. replace twist, selling long-term, buying without purchases divided over whether or not it's going to be...
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Dec 29, 2012
12/12
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my name is steve. my family's lived in this neighborhood for years. recently, things got so tight we had to go to our local food bank for help. i lost a lot of sleep worrying about what the neighbors might think. that is, until i saw them there, too. how'd i do, steve? a little stiff. you could have done a little better. what? come on. you know, i have an academy award. yeah, but not for playing me. announcer: play a role in ending hunger. visit feedingamerica.org/hunger and find your local food bank. adam: i'm adam shapiro in for melissa francis. here's what's "money" tonight. president obama and congressional leaders try to pull off a fiscal cliff hail mary. their last-ditch meeting at the white house desperately tries to land a deal but the report he hadly not putting any new offer on the table. we have the very latest for you. >>> not even the fiscal cliff can slow down the u.s. oil boom the production surge sets up huge windfalls for businesses outside the oil industry in 2013. who stand to reap the biggest gains? we'll drill down details so you
my name is steve. my family's lived in this neighborhood for years. recently, things got so tight we had to go to our local food bank for help. i lost a lot of sleep worrying about what the neighbors might think. that is, until i saw them there, too. how'd i do, steve? a little stiff. you could have done a little better. what? come on. you know, i have an academy award. yeah, but not for playing me. announcer: play a role in ending hunger. visit feedingamerica.org/hunger and find your local...
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Dec 31, 2012
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steve moore always good to see you. >> thank you judge, great to be with you. >> later in the show heads rolled in the state department over benghazi, right? wrong. the latest double speak from the obama administration. up next, just over 24-hours from now if we goefr the fiscal cliff, who should we blame? re, ♪ ♪ >> this country is about to take a plunge over the fiscal cliff. who is really to blame? watcjomg this one. >> president has a decision to make. he can support these measures or be responsible for reckless spending and the largest tax hike in american history. >> the republicans in the house have decide to do rundown an alley that has no exit. >> republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> every time we come to a solution it was a year and a half ago in the summer right now the republicans walk away. >> don't automatically assume the president wants to cut a deal. i think he wants to wait to see if he gets blamed for it before he starts really negotiating. >> nobody can
steve moore always good to see you. >> thank you judge, great to be with you. >> later in the show heads rolled in the state department over benghazi, right? wrong. the latest double speak from the obama administration. up next, just over 24-hours from now if we goefr the fiscal cliff, who should we blame? re, ♪ ♪ >> this country is about to take a plunge over the fiscal cliff. who is really to blame? watcjomg this one. >> president has a decision to make. he can...
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Dec 31, 2012
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steve moore always good to see you. >> thank you judge, great to be with you. >> later in the show heads rolled in the state department over benghazi, right? wrong. the latest double speak from the obama administration. up next, just over 24-hours from now if we goefr the fiscal cliff, who should we blame? okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get priory boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. there is no plan. really? [ male announcer ] the united mileageplus explorer card. the mileage card with speci perks on united. get it and you're in. i wish i could keep it this way. [ male announcer ] now you can. with the crest pro-health clinical line. used together, they help keep your teeth 97% as clean as a dental cleaning. the toothpaste actually reduces plaque. and the rinse reaches all areas and is clinically proven to help prevent plaque regrowth. crest pro-heal
steve moore always good to see you. >> thank you judge, great to be with you. >> later in the show heads rolled in the state department over benghazi, right? wrong. the latest double speak from the obama administration. up next, just over 24-hours from now if we goefr the fiscal cliff, who should we blame? okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get...
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Dec 21, 2012
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keep it right here and we will tell you how he did it on fox business. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, le what t market is doing and being ready, no matter what happens, which isn't rocket science. it's just common see, from td ameritrade. [ engine revs ♪ ♪ [ male announcer ] the mercedes-benz wier event is back, with the perfect vehicle that's just right for you, no matter which list u're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for lot, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfeto others through direct contact. women, especiallthose who are or who m
keep it right here and we will tell you how he did it on fox business. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, le what t market is doing and being ready, no matter what happens, which isn't rocket science. it's just common...
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Dec 11, 2012
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steve rattner. >> i agree completely. to get a big deal we all have to hold our nose a little bit and accept things we don't want. the only thing i would slightly push back on what governor barbour said, i think the president has been more forthcoming than you suggested. he's put entitlements on the table and put a trillion-eight on the table in cuts. i think he's serious to do serious business on entitlement and wants the republicans to do serious business on rates. a number of republicans have been using the sound bite on the deficit in the first two months of the year going up 16%. that may be true. there are two months in which there have been cycles and the deficit has been flat -- but we have a spending problem, i agree, we have a spending problem. >> you agree all we're talking about is raising taxes on the top 2%, even if we do that 39.6%, that doesn't make a dent in the long term debt. >> you need $4 trillion of deficit. $4 trillion of deficit reduction is what you need. raising those two rates gets you $450 bill
steve rattner. >> i agree completely. to get a big deal we all have to hold our nose a little bit and accept things we don't want. the only thing i would slightly push back on what governor barbour said, i think the president has been more forthcoming than you suggested. he's put entitlements on the table and put a trillion-eight on the table in cuts. i think he's serious to do serious business on entitlement and wants the republicans to do serious business on rates. a number of...
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Dec 14, 2012
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host: i will get it from steve. thank you for that call. any comment? guest: i think when you were talking about obamacare, you need not to read the press releases that obama put out about what it is supposed to do and you need to actually look at the tax increases and at the regulations and at the next -- the next four years are going to be very ugly and terms of economics because all of the ugly parts of obamacare that he did not want you to focus on, those take place over the next four years. the things he thought the people would appreciate and like, those have happened already. those of the ones they talked about before the election. we are now seeing the tax increases. this is not going to be free. there are massive tax increases that i just talked about. medical devices. on sick people. they raise taxes on six people. average income -- $53,000 per year that get hit by that tax increase on people with high medical bills. it is on our web site -- atr.org corp. -- if you want to see the right up. there are five obamacare taxes that hit january 1. th
host: i will get it from steve. thank you for that call. any comment? guest: i think when you were talking about obamacare, you need not to read the press releases that obama put out about what it is supposed to do and you need to actually look at the tax increases and at the regulations and at the next -- the next four years are going to be very ugly and terms of economics because all of the ugly parts of obamacare that he did not want you to focus on, those take place over the next four...
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Dec 13, 2012
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so who's right, steve? the market seems to be perplexed here because the stock market sold off during the news conference that you were at. and got your three questions in, by the way, i think at the top. and then it's down again today at the lows of the day. >> you know, it's interesting, should i be grade being the students or grading the professor? i guess that's the question i have. in a sense, they get to always be right in the following way. bernanke wants you to have a message. if you don't get that message, it's his fault. and it's not clear to me that -- he may have failed in this regard. i thought stephanie came closest to what i think the fed chairman's trying to do, which was yesterday convey a policy that we are easier than we thought -- than you thought we would be. and that 6.5% unemployment is supposed to convey that we're not calendar day certain. we are data certain. and unless that data gets down to being closer to what we want it to be, then we're going to stay on hold. and by the way, t
so who's right, steve? the market seems to be perplexed here because the stock market sold off during the news conference that you were at. and got your three questions in, by the way, i think at the top. and then it's down again today at the lows of the day. >> you know, it's interesting, should i be grade being the students or grading the professor? i guess that's the question i have. in a sense, they get to always be right in the following way. bernanke wants you to have a message. if...
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Dec 7, 2012
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steve doocy. >> europe is great because they have wonderful food and runny cheeses, but we shouldn't base our policies on theirs because they are stinkers. >> we should base it on singapore where they have no unemployment, and they have a competitive market. that protects workers. >> stephanie: we should be like singapore? >> oh my god. holy crap. he is a bigger idiot than i thought. he is not even trying to hide what a douche bag he is. >> stephanie: okay. bill o'reilly. really? is this his whole december? >> there is no doubt that your day you christian tradition in this country is under attack. and people like pastor happy have not to stop. okay. enough. enough. and we need leadership not only in the pulpit but now we are going to need it in the public square. >> after of the judao christian are jewish. you moron. >> stephanie: thank you for that reference. [ applause ] >> stephanie: judao, christian. >> i'm an atheist, i don't care if you have a cross on your property -- i really don't. this whole thing is just completely made up. >> stephanie: i don't get any of it. i never have
steve doocy. >> europe is great because they have wonderful food and runny cheeses, but we shouldn't base our policies on theirs because they are stinkers. >> we should base it on singapore where they have no unemployment, and they have a competitive market. that protects workers. >> stephanie: we should be like singapore? >> oh my god. holy crap. he is a bigger idiot than i thought. he is not even trying to hide what a douche bag he is. >> stephanie: okay. bill...
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Dec 21, 2012
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steve benen and michael tomasky, great to have you with us tonight. we are going to be joined by steny hoyer when we come back, who is the whip in the house for the democrats. and he said earlier today he hasn't seen anything like this in his 30-plus years in the congress. what does he make of this situation? that's next. stay with us. >>> welcome back to "the ed >>> welcome back to "the ed show." house speaker john boehner has failed to get enough support to bring his plan b bill up for a vote. majority leader eric cantor said legislative business is done for the week and sent the house members home for christmas. for more i'm joined tonight by congressman steny hoyer of maryland. steny, great to have you with us tonight. i don't know how you do a deal with a dysfunctional bunch. but eric cantor said earlier today that they had the votes, then they didn't hold the vote. where are we at this hour? >> ed, what i think today shows very, very clearly, that in fact president obama has been willing to compromise, willing to make a balanced deal possible fr
steve benen and michael tomasky, great to have you with us tonight. we are going to be joined by steny hoyer when we come back, who is the whip in the house for the democrats. and he said earlier today he hasn't seen anything like this in his 30-plus years in the congress. what does he make of this situation? that's next. stay with us. >>> welcome back to "the ed >>> welcome back to "the ed show." house speaker john boehner has failed to get enough support to...
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Dec 21, 2012
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with that, and want to turn it over to our good friend and colleague steve israel from new york. >> i have been in government and politics when you say my way or the highway, you usually end up on the highway. they need to turn around -- plan b may have failed. this time to get to plan c. that is compromise, comprehensive. we urge our republican colleagues to come back to washington, get to work on something that is a compromise, a basis of what should be the president's compromise. every time we've offered a compromise, the republicans have gone in the other direction. when we were here, they were there. when we were in this direction, they left town. that is no way to get the compromise that is comprehensive. we urge them to return to work, returned to washington and avoid this fiscal cliff. but that, and turn it back to our leader. >> thank you. i was interested the speaker said last night the house did not take up the bill. that it was the will of the house. it was not the will of the house. you don't know with the will of the house is until you bring a bill to the floor. i do bel
with that, and want to turn it over to our good friend and colleague steve israel from new york. >> i have been in government and politics when you say my way or the highway, you usually end up on the highway. they need to turn around -- plan b may have failed. this time to get to plan c. that is compromise, comprehensive. we urge our republican colleagues to come back to washington, get to work on something that is a compromise, a basis of what should be the president's compromise. every...
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Dec 21, 2012
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steve benen and michael tomasky, great to have you with us tonight. we are going to be joined by steny hoyer when we come back, who is the whip in the house for the democrats. and he said earlier today he hasn't seen anything like this in his 30-plus years in the congress. what does he make of this situation? that's next. stay with us. ♪ don't know what i'd do ♪ i'd have nothing to prove [ male announcer ] zales is the diamond store. save 25 percent off an amazing selection storewide, now through monday. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine
steve benen and michael tomasky, great to have you with us tonight. we are going to be joined by steny hoyer when we come back, who is the whip in the house for the democrats. and he said earlier today he hasn't seen anything like this in his 30-plus years in the congress. what does he make of this situation? that's next. stay with us. ♪ don't know what i'd do ♪ i'd have nothing to prove [ male announcer ] zales is the diamond store. save 25 percent off an amazing selection storewide, now...
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Dec 31, 2012
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>> yes, steve, i would agree with you. i think the risk reward today, s&p at 1400 is very a-similar et rick. there's a limited downside and a lot of upside. i think the low for the year, we think next year, will be near 1350. so say we have 50 points of downside and we have more than 150 points on the upside. the one thing i would just caution, though, is the first half, especially if you look at history on fifth-year bull markets, you could be pretty strong out of the debate. say we hit 1,500, but we start to run out of catalyst and that's what causes the retracement. >> so your best ideas for next year, i don't think apple will be a surprise to many, although given the way that the stock is finishing the year, today not withstanding, it may be. bank of america, you expect a run in financials to continue, bac, capital one, why do you think mcdonald's has a comeback in '13? >> in general what we are looking for is blue chip branded stories with very good history in management teams. that's all the companies you just named
>> yes, steve, i would agree with you. i think the risk reward today, s&p at 1400 is very a-similar et rick. there's a limited downside and a lot of upside. i think the low for the year, we think next year, will be near 1350. so say we have 50 points of downside and we have more than 150 points on the upside. the one thing i would just caution, though, is the first half, especially if you look at history on fifth-year bull markets, you could be pretty strong out of the debate. say we...
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Dec 27, 2012
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adam: steve hayes, i will get to you in a second. jeffrey i want to follow up with what you just said. are you saying small business is entrepreneurs, all kinds of people already planned their strategy for 2013 based on spending cuts out of washington and very large tax increases out of washington? >> i think the heightened uncertainty about what the rules of the game are actually going to be next year has caused a decline or at least a slowing of capital investment. i think you see that in the data, in the third and fourth quarter and also in hiring. i think you're seeing maybe between one and two million fewer people hired in this recovery because of the heightened level of economic policy uncertainty coming out of washington. adam: steve hayes, i'm curious. we saw what happened in the market today. you had harry reid this morning saying we'll probably go over the cliff. we were down triple digits. then you had the announcement the house would reconvene. we almost rebounded. only closed down 18 points. where is all this going? i th
adam: steve hayes, i will get to you in a second. jeffrey i want to follow up with what you just said. are you saying small business is entrepreneurs, all kinds of people already planned their strategy for 2013 based on spending cuts out of washington and very large tax increases out of washington? >> i think the heightened uncertainty about what the rules of the game are actually going to be next year has caused a decline or at least a slowing of capital investment. i think you see that...
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Dec 28, 2012
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>> we have congressman steve laterett. and allegations of abuse right next to the pentagon. it's disturbing and fascinating. >> sounds like a great show, john. >>> you never know what will happen when anderson cooper and kathy griffin ring in the new year on cnn. they'll give us a preview. and i asked kathy about her obsession with a certain bearded are cnn news anchor. [ woman ] dear cat, your hair mixes with pollen and dust. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> just an update here on the state of play for those fiscal cliff talks which are now basically taking place between two men, senator reid who is the majority leader, the democratic leader in the senate, and mitch mcconnell, who is the republican leader in the senate. now, what we are hearing from the senate majority leader in a statement he just put out is that he is preparing a bill that he wil
>> we have congressman steve laterett. and allegations of abuse right next to the pentagon. it's disturbing and fascinating. >> sounds like a great show, john. >>> you never know what will happen when anderson cooper and kathy griffin ring in the new year on cnn. they'll give us a preview. and i asked kathy about her obsession with a certain bearded are cnn news anchor. [ woman ] dear cat, your hair mixes with pollen and dust. i get congested. but now, with zyrtec-d®, i...
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Dec 27, 2012
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. >> number 10, apple the first year without steve jobs and a company trying to prove under a new ceo it can invent things we needed we didn't know and would still buy. >> number 9, the u.s. stock market despite all the worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money has been in the market. the rest of us have been worried about the fiscal cliff. >> number 8, facebook's ipo, hundreds of millions of people like facebook, but investors did not. on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummelled the stock which has yet to climb its way back to its ipo price. >> number 7, mother meyer. the new ceo of yahoo who announced she was going to take a two-week maternity leave. it looks like a mother's touch is just exactly what yahoo needed. >> number 6, mother nature. a drought in the midwest that scorched the corn and soy crop sending prices sky high. who can forget superstorm sandy. damages as
. >> number 10, apple the first year without steve jobs and a company trying to prove under a new ceo it can invent things we needed we didn't know and would still buy. >> number 9, the u.s. stock market despite all the worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money has been in the market. the rest of us have been worried about the fiscal cliff. >> number 8, facebook's ipo,...
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Dec 27, 2012
12/12
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time magazine's rana joins us and steve kornacki. it seems to me if you listen to newt gingrich, who has become a commentator every time he's not running for something, you get the sense that you don't want to run against hillary clinton because she's grabbed the scepter. she's quite hawkish on issues like iraq and the middle east generally. i think she's very hawkish xa d compared to most democrats. where is the wiggle room to go against her? >> i completely agree. i think she's done an incredibly great job. she's been incredibly deft at are he positioning the u.s. in a mul multipolar world where we have relatively less economic power. she's managed through digital state craft, through smafert uses of technology to project a soft power and it's been a great credit to our country and i think it's going to be a real tough thing to put in a bad light. >> you know, and, steve, i don't know about your politics on this, i think i'm a little to her left on a lot of thers foreign policy issues like iraq and the middle east. she's positioned
time magazine's rana joins us and steve kornacki. it seems to me if you listen to newt gingrich, who has become a commentator every time he's not running for something, you get the sense that you don't want to run against hillary clinton because she's grabbed the scepter. she's quite hawkish on issues like iraq and the middle east generally. i think she's very hawkish xa d compared to most democrats. where is the wiggle room to go against her? >> i completely agree. i think she's done an...
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Dec 21, 2012
12/12
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CNBC
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but the question looming large over this case all along has been what it means for steve cohen. the government has reportedly been trying to make a case for years. martoma is the sixth s.a.c. employee to be implicated. and yet the idea of another form he sac trader's indictment can hardly be good news for cohen, the fact that the government didn't win martoma's cooperation in building a case against cohen surely must be a relief. martoma's lawyer has said consistently that his client is nnt innocent of the charges and defense attorneys expect martoma to plead not guilty at his next court appearance. nonetheless, he could choose to flip at any time, maria, and the government, of course, is still working other angings. sac for its part is not commenting today. >> kate, let me ask you about this because so many on wall street are looking at this story closely because they want to see if steve cohen, the founder of the firm, will be taken down. they've been circling this wagon for a long time, kate, and they continue doing that. tell us how they haven't been able to -- they haven't
but the question looming large over this case all along has been what it means for steve cohen. the government has reportedly been trying to make a case for years. martoma is the sixth s.a.c. employee to be implicated. and yet the idea of another form he sac trader's indictment can hardly be good news for cohen, the fact that the government didn't win martoma's cooperation in building a case against cohen surely must be a relief. martoma's lawyer has said consistently that his client is nnt...